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April 18, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Manhattan, Business Loans > Landmark National Bank Manhattan Business Loans > The Pita Pit Loan | ||||
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Banks for Franchise Loans in Kansas
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Manhattan, KS Entrepreneur Gets SBA Loan to Buy Pita Pit FranchiseBorrowing money to buy a Pita Pit franchise? Landmark National Bank has a history of making these loans and they are guaranteed by the SBA. Pita Pit franchise loans are available to Manhattan, Kansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Landmark National Bank, based in Manhattan, Kansas, issued an SBA franchise loan for a Pita Pit franchise in 2006. We've got all the details on this Kansas small business loan. SBA Loan Borrower THE PITA PIT SBA Loan Lender LANDMARK NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 9/5/2006 Loan Approval Gross Amount $271,000 Loan Approval from the SBA Of the total $271,000 loan amount, the SBA guaranteed $203,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Pita Pit franchise. At the time of the loan, the company had 25 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Manhattan or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: SBA 7A Banks for Manhattan, Kansas Loans
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